528 Democrat RdDe Tour VillageMI49725
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in De Tour Village at 528 Democrat Rd, De Tour Village, MI, 49725 priced at $170,000 converts $2,227/mo rent into $1,106/mo cash flow after a $832/mo obligation. Total monthly income equals $2,227/mo, and annual cash flow totals $13,272/yr on $56,355 invested. Return on cash invested prints 43.46% in year one, and rental yield reads 15.72% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 229.67% and total cumulative return in cash sums $129,429. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,227/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49725, De Tour Village, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 814 (100%) |
| Owner Occupied HU | 326 (40.0%) |
| Renter Occupied HU | 18 ( 2.2%) |
| Vacant Housing Units | 470 (57.7%) |
| Median Home Value | $252,381 |
| Average Home Value | $268,351 |
Housing Distribution
Address Breakdown
Residential
250
Single Family
250
Multi-Family
0
Businesses
52
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Listed by: Tammy Shepard • Mackinac Properties, Inc
Mls Name: WWMLS
Mls Provider:
Mls ID: #201832115
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